60 Minutes – 2nd Wave – Option ARMS+ALT As

[Bubblesitter]

Good story on 60 minutes tonight on the upcoming wave of Option A and Alt A resets.

They even showed the classic reset chart (Credit Suiss) with the subprime wave followed by the OptionARM/Alt A wave

Then again, we piggs knew about this 2 years ago.

http://www.cbsnews.com/stories/2008/12/12/60minutes/main4666112.shtml?tag=topStory;topStoryHeadline

Bubblesitter

[Bubblesitter]

Here’s the chart from Calculated Risk.
Chart credited to Credit Suisse, I’m not sure which analyst.

http://calculatedrisk.blogspot.com/2007/10/imf-mortgage-reset-chart.html

Bubblesitter

[Bubblesitter]

Here’s the chart from Calculated Risk.
Chart credited to Credit Suisse, I’m not sure which analyst.

http://calculatedrisk.blogspot.com/2007/10/imf-mortgage-reset-chart.html

Bubblesitter

[Bubblesitter]

Here’s the chart from Calculated Risk.
Chart credited to Credit Suisse, I’m not sure which analyst.

http://calculatedrisk.blogspot.com/2007/10/imf-mortgage-reset-chart.html

Bubblesitter

[Bubblesitter]

Here’s the chart from Calculated Risk.
Chart credited to Credit Suisse, I’m not sure which analyst.

http://calculatedrisk.blogspot.com/2007/10/imf-mortgage-reset-chart.html

Bubblesitter

[Bubblesitter]

Here’s the chart from Calculated Risk.
Chart credited to Credit Suisse, I’m not sure which analyst.

http://calculatedrisk.blogspot.com/2007/10/imf-mortgage-reset-chart.html

Bubblesitter

[Bubblesitter]

Another interesting analysis at Calculated Risk. Many of these loans are actually recasting early as the loan balances hit a specific principal cap, typically 110% and 125% of the initial loan amount.

http://calculatedrisk.blogspot.com/2008/06/option-arms-moving-from-negam-to-fully.html

[Bubblesitter]

Another interesting analysis at Calculated Risk. Many of these loans are actually recasting early as the loan balances hit a specific principal cap, typically 110% and 125% of the initial loan amount.

http://calculatedrisk.blogspot.com/2008/06/option-arms-moving-from-negam-to-fully.html

[Bubblesitter]

Another interesting analysis at Calculated Risk. Many of these loans are actually recasting early as the loan balances hit a specific principal cap, typically 110% and 125% of the initial loan amount.

http://calculatedrisk.blogspot.com/2008/06/option-arms-moving-from-negam-to-fully.html

[Bubblesitter]

Another interesting analysis at Calculated Risk. Many of these loans are actually recasting early as the loan balances hit a specific principal cap, typically 110% and 125% of the initial loan amount.

http://calculatedrisk.blogspot.com/2008/06/option-arms-moving-from-negam-to-fully.html

[Bubblesitter]

Another interesting analysis at Calculated Risk. Many of these loans are actually recasting early as the loan balances hit a specific principal cap, typically 110% and 125% of the initial loan amount.

http://calculatedrisk.blogspot.com/2008/06/option-arms-moving-from-negam-to-fully.html

[peterb]

Mr Mortgage has been saying this for at least a few months now.

[peterb]

Mr Mortgage has been saying this for at least a few months now.

[peterb]

Mr Mortgage has been saying this for at least a few months now.

[peterb]

Mr Mortgage has been saying this for at least a few months now.

[Author]

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